| Metric | Q2 2022 | Q1 2022 | Q2 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $190M | $154M | $206M | 23.5% | -8.0% |
| Op. Income | $15M | $14M | $36M | 12.1% | -57.2% |
| Gross Margin | 36.2% | 39.5% | 45.2% | -3.3pp | -9.1pp |
| Net Margin | 5.2% | 7.1% | 13.5% | -1.9pp | -8.3pp |
| EPS (Diluted) | $0.98 | $1.07 | $2.74 | -8.4% | -64.2% |
| Free Cash Flow | -$51M | -$69M | -$6M | 25.6% | -734.4% |
| Item | Amount |
|---|---|
| REVENUE | $190M |
| Cost of Revenue | $121M |
| GROSS PROFIT | $69M |
| R&D Expenses | $7M |
| Selling & Marketing | $36M |
| General & Administrative | $10M |
| SG&A Expenses | $46M |
| Other Expenses | $0 |
| Operating Expenses | $53M |
| Cost & Expenses | $174M |
| OPERATING INCOME | $15M |
| Interest Income | $102.0K |
| Interest Expense | $49.0K |
| Other Income/Expenses | -$2M |
| INCOME BEFORE TAX | $13M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | $10M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $10M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $10M |
| D&A | $3M |
| EBIT | $13M |
| EBITDA | $17M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $190M |
| Cost of Revenue | $121M |
| GROSS PROFIT | $69M |
| R&D Expenses | $7M |
| Selling & Marketing | $36M |
| General & Administrative | $10M |
| SG&A Expenses | $46M |
| Other Expenses | $0 |
| Operating Expenses | $53M |
| Cost & Expenses | $174M |
| OPERATING INCOME | $15M |
| Interest Income | $102.0K |
| Interest Expense | $49.0K |
| Other Income/Expenses | -$2M |
| INCOME BEFORE TAX | $13M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | $10M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $10M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $10M |
| D&A | $3M |
| EBIT | $13M |
| EBITDA | $17M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $10M |
| Depreciation & Amortization | $3M |
| Stock-Based Compensation | $959.0K |
| Deferred Income Tax | $69.0K |
| Other Non-Cash Items | $6.0K |
| Change in Working Capital | -$56M |
| OPERATING CASH FLOW | -$42M |
| Capital Expenditure | -$9M |
| Acquisitions (Net) | $2.0K |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $2.0K |
| NET CASH FROM INVESTING | -$9M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$48.0K |
| Common Dividends Paid | -$3M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$3M |
| FREE CASH FLOW | -$51M |
| Net Change in Cash | -$54M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $113M |
| Short-Term Investments | $0 |
| Net Receivables | $120M |
| Inventory | $235M |
| Other Current Assets | $11M |
| TOTAL CURRENT ASSETS | $479M |
| PP&E (Net) | $127M |
| Goodwill | $11M |
| Intangible Assets | $9M |
| Long-Term Investments | $0 |
| Tax Assets | $13M |
| Other Non-Current Assets | $29M |
| TOTAL NON-CURRENT ASSETS | $190M |
| TOTAL ASSETS | $669M |
| Account Payables | $57M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $119M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $2M |
| Other Non-Current Liabilities | $31M |
| TOTAL NON-CURRENT LIABILITIES | $75M |
| TOTAL LIABILITIES | $194M |
| Common Stock | $511.0K |
| Additional Paid-In Capital | $85M |
| Retained Earnings | $385M |
| Treasury Stock | -$3M |
| Accum. Other Comp. Income | $7M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $475M |
| Minority Interest | $0 |
| TOTAL EQUITY | $475M |
| TOTAL LIABILITIES & EQUITY | $669M |
| Total Debt | $48M |
| Net Debt | -$65M |
